By – Shiwang Suraj, Founder & Director of Gurugram-based property consulting firm InfraMantra:

The surge in demand for luxury homes (Rs 5 crore and above) in NCR, especially Gurugram firmly establishes the region as a hub for luxury housing in the country.
Its two most outperforming micro markets, namely Dwarka Expressway and Southern Peripheral Road, contribute significantly to Gurugram’s positioning as most of the new launches have been in the luxury segment. The region’s massive infrastructure development, increased aspirations and employment opportunities and desire to own bigger homes with new-age amenities and specifications are the reasons for the growth of luxury housing.

By – Vijay Harsh Jha, founder and CEO of property brokerage firm VS Realtors:

The NCR luxury real estate market has been growing steadily with demand surge pointing to the region’s rising preference amongst homebuyers. Owing to massive infrastructure development like Dwarka Expressway, Delhi-Mumbai Expressway and proposed rapid raid and metro expansions, the region is fast emerging as an employment hub, a trigger for strong residential demand. Rising size of homes and per sq. ft. rate have elevated the price of homes in the region. However, this has been complemented by builders by providing world-class amenities and facilities within the housing complex.